Royal Philips (NYSE: PHG, AEX: PHIA) (http://www.philips.com) is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2014 sales of EUR 21.4 billion and employs approximately 108,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare. News from Philips is located at www.philips.com/newscenter.

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Scheduled for completion in mid-2020, it is estimated that the new center will have the physical capacity to perform 500 surgeries, 1,600 cath lab diagnoses, and 500 cath lab interventions once operational

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Scheduled for completion in mid-2020, it is estimated that the new center will have the physical capacity to perform 500 surgeries, 1,600 cath lab diagnoses, and 500 cath lab interventions once operational